Core Viewpoint - The issuance of a domestic letter of credit worth 30 million yuan by Bank of Communications Shanxi Branch marks the first financial credit certificate business for the transformation of the coking industry in Shanxi Province, which is a significant step towards supporting the green and low-carbon transition of the industry [1] Group 1: Industry Transformation - Shanxi Province has long been the largest producer and supplier of coke in China and is accelerating the green and low-carbon transformation of the coking industry [1] - In June 2024, the People's Bank of China Shanxi Branch and eight other departments jointly formulated the "Financial Support Directory for the Transformation of the Coking Industry in Shanxi Province (Trial)," aimed at guiding financial institutions to provide quality financial services for the green development and low-carbon transition of the coking industry [1] Group 2: Financial Support - Under the guidance of the People's Bank of China Shanxi Branch, Bank of Communications Shanxi Branch actively engages with coking industry clients, utilizing transformation financial methods to address clients' funding needs while effectively promoting the low-carbon transition of enterprises [1]
交通银行山西省分行落地山西省首笔焦化行业转型金融信用证业务